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Peoria Heights, IL

Full City Profile · Illinois · Peoria County County

3.2 /5.0
B Good
5,834 Population 2,343/sq mi density
$62,083 Median Income $43,112 per capita
$118,000 Home Value $113,442 Zillow
$921 Median Rent 22.5% income on rent
53°F Avg Temperature 275 sunny days/yr
522 Violent Crime/100K 1,132 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$62,083 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$118,000 home value, $921/mo rent
F
Safety
1.0 / 5.0
522 violent crimes/100K (37% above avg)
B
Education
3.2 / 5.0
27.0% bachelor's degree or higher

Housing Overview

Median Home Value
$118,000
58% below
US avg: $281,900
Median Rent
$921/mo
21% below
US avg: $1,163/mo
Homeownership Rate
65.3%
0% below US avg (65.4%)
Total Housing Units
3,179
Median year built: 1955

Home Value by Source

Census Median
$118,000
Zillow (ZHVI)
$113,442
Median Sale Price
$195,000
Median List Price
$162,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.3%
Owner-Occupied
34.7%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $921/mo

Market Indicators (Redfin)

Median Days on Market
128 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
46.7%
of listings with price reduction
Price Per Sq Ft
$127
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
65.3%

Complete Housing Data

Home Values

Census Median Value$118,000
Zillow Home Value (ZHVI)$113,442
Median Sale Price$195,000
Median List Price$162,000
Price Per Sq Ft$127

Rent

Census Median Rent$921
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market128
Sale-to-List Ratio1.0%
Price Drops46.7%
Homes Sold1
Active Inventory15
Price Per Sq Ft$127

Ownership & Stock

Owner-Occupied65.3%
Renter-Occupied34.7%
Homeownership Rate65.3%
Total Housing Units3,179
Median Year Built1955
Rent Burden22.5%